Under the IRS tax code, employers have a legal obligation to pay payroll taxes on behalf of their employees. There are two-types of taxes employers are subject to: (1) pay as you earn (withholdings from the employee) or (2) pay as you go (withholding from employer for each employee). The IRS takes payroll tax debt very seriously. Employers who fail to properly withhold taxes for employees will experience aggressive IRS collection activities by assigning a Revenue Officer who specializes in the collection of these liabilities. If you have unpaid payroll tax, and the Revenue Officer is unable to collect, he or she will seek to close down your business, garnish your business accounts, file liens against your assets and liquidate. Additionally, the IRS can assess payroll taxes against you personally, even if your business was a corporation.
To avoid this outcome and assure continuity of your business, it is critical that you hire a Tax Attorney to resolve your business tax debt by negotiating an affordable payment plan, Offer in Compromise or other solution to your tax problem. Delia Law is located in Los Angeles at 10880 Wilshire Blvd #1101. Please contact Delia Law in Los Angeles for a free consultation for tax resolution. You can do so either by completing our online form or by calling (310) 494-0100.